Amazon Announces Three Fulfillment Centers in Texas
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130130:nBw305490a The company will initially create more than 1,000 jobs at the state-of-the-art facilities SEATTLE--(Business Wire)-- Amazon (NASDAQ:AMZN) today announced plans to open three new fulfillment centers in the state of Texas, creating more than 1,000 jobs. The sites, which will utilize advanced technology to help fulfill customer orders, will be located in the cities of Coppell, Haslet and Schertz. "We look forward to putting more than 1,000 Texans to work at our new fulfillment centers in Schertz, Coppell and Haslet," said Mike Roth, Amazon`s vice president of North American fulfillment. "We appreciate the state and local elected officials who have helped us make this exciting investment in the state of Texas." Amazon fulfillment center jobs pay on average 30 percent more than traditional retail jobs and that doesn`t even include the stock grants that full-time employees receive, which over the past five years have added an average of 9 percent to base pay annually. Amazon offers full-time benefits including healthcare. "We`re pleased Amazon is investing in Texas by bringing three fulfillment centers and more than 1,000 jobs to our state," said Texas Comptroller Susan Combs. "I thank Amazon for working with us-making it possible to bring new jobs and revenue to the state of Texas." "This is the biggest economic development partnership announcement in the history of our city," said city of Haslet Mayor Bob Golden. "The jobs and potential tax base that this development will bring to our community is a major milestone in our city`s growth." The 1.2 million-square-foot site in Schertz and the 1 million-square-foot site in Coppell will handle larger items-anything from televisions to bbqs, for example. The 1.1 million-square-foot site in Haslet will handle smaller items like books, small electronics or DVDs, to name a few. "Amazon, coming to Coppell, complements our strategy of building a quality business base that supports the community and the region," said Coppell Mayor Karen Hunt. "We are thrilled Amazon chose Coppell for a new fulfillment center. We recognize their large capital investment and new jobs brought to this area." Recently, Amazon committed to hire more than a thousand veterans in the U.S. in the upcoming year to join the hundreds of veteran employees it has on staff currently. The Department of Veterans Affairs estimates there are more than 1.6 million veterans in the state of Texas. "We are thrilled to formally and officially welcome Amazon to Schertz," said city of Schertz Mayor Michael Carpenter. "The investment Amazon is making in our community is significant, and it is a manifest expression by yet another highly successful and well-respected company that Schertz is a great place to do business." USAA Real Estate Company is building the project in Schertz. Hillwood Development Company is building the project in the city of Haslet as part of AllianceTexas, a 17,000-acre, master-planned community, and is also constructing the project in the city of Coppell. About Amazon.com Amazon.com, Inc. (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth`s Biggest Selection. Amazon.com, Inc. seeks to be Earth`s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon`s developer customers with access to in-the-cloud infrastructure services based on Amazon`s own back-end technology platform, which developers can use to enable virtually any type of business. Kindle Paperwhite is the most-advanced e-reader ever constructed with 62% more pixels and 25% increased contrast, a patented built-in front light for reading in all lighting conditions, extra-long battery life, and a thin and light design. The new latest generation Kindle, the lightest and smallest Kindle, now features new, improved fonts and faster page turns. Kindle Fire HD features a stunning custom high-definition display, exclusive Dolby audio with dual stereo speakers, high-end, laptop-grade Wi-Fi with dual-band support, dual-antennas and MIMO for faster streaming and downloads, enough storage for HD content, and the latest generation processor and graphics engine-and it is available in two display sizes-7" and 8.9". The large-screen Kindle Fire HD is also available with 4G wireless, and comes with a groundbreaking $49.99 introductory 4G LTE data package. The all-new Kindle Fire features a 20% faster processor, 40% faster performance, twice the memory, and longer battery life. Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, www.amazon.cn, www.amazon.it, www.amazon.es and www.amazon.com.br. As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise. Forward-Looking Statements This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management`s expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment and data center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com`s financial results is included in Amazon.com`s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings. Amazon.com, Inc. Media Hotline, 206-266-7180 www.amazon.com/pr Copyright Business Wire 2013